Virginia · HUD FY2026 Fair Market Rents · Updated

Rent in Galax city, VA

HUD puts rent for a two-bedroom in Galax city, VA at $914 a month for 2026, and a one-bedroom at $770. Keeping the two-bedroom under 30% of income takes $17.58 an hour full time, or $36,560 a year. The typical household there would spend 28.4% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $943 (up 3.2%).

Rent in Galax city, VA at a glance

2-bedroom rent (HUD)

$914$10,968 a year · HUD fiscal year 2026From October 1, 2026: $943 (+3.2%)
Studio$765$15/hr needed
1 bedroom$770$15/hr needed
Wage a 2-bedroom takes$17.58an hour, 40 hours a week
3 bedrooms$1,271$24/hr needed

How much rent can you afford in Galax city, VA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$914Monthly market rent
Share of gross income28.4%Recommended max: 30%
Annual income needed$36,560To meet the 30% standard
Max affordable rent$967At 30% of $38,675
0%30% (Affordability standard)100%
Compare against:

Rent in Galax city, VA by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Galax city, VA, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$765$9,180$30,600$14.71/hr
1 bedroom$770$9,240$30,800$14.81/hr
2 bedroomsMost searched$914$10,968$36,560$17.58/hr
3 bedrooms$1,271$15,252$50,840$24.44/hr
4 bedrooms$1,481$17,772$59,240$28.48/hr

Cost of living in Galax city, VA: income, prices and a budget →

Rent in Galax city, VA: common questions

How much is rent going up in Galax city, VA in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $943 for a two-bedroom, up 3.2% from $914. A one-bedroom goes from $770 to $803, a studio from $765 to $799.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Galax city, VA?

HUD's Fair Market Rent for 2026 is $770 for a one-bedroom and $914 for a two-bedroom, utilities included. That is $10,968 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Galax city, VA?

To keep a $914 two-bedroom at 30% of gross pay, one full-time worker needs $17.58 an hour, or $36,560 a year. A one-bedroom at $770 takes $14.81 an hour.

How much is a 1, 2 or 3-bedroom apartment in Galax city, VA?

At HUD's 2026 Fair Market Rent: studio $765, one bedroom $770, two $914, three $1,271 and four $1,481 a month.

Is rent affordable in Galax city, VA?

For the typical household, earning $38,675 a year ($3,223 a month, Census ACS), a two-bedroom at $914 takes 28.4% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($914 × 12) ÷ 0.30 = $36,560. Divided by 2,080 working hours, that is $17.58 an hour.